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The RG/BSX Index closed unchanged at 2,666.40, with just 19 shares ($104.50) trading in one issue, Argus Group Holdings Ltd. Argus closed unchanged at $6.05 on the Bermuda Stock Exchange. The BSX Insurance Index remained unquoted. On the New York Sto...

Bermuda-based offshore drilling company Seadrill Limited has announced that a new, independent, seven-member board of directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. The company said th...

Bermuda-based Apex Group Ltd has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City International Financial Centre. Apex said that GIFT City is a planned inte...

Bermuda-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has finalised its acquisition of Diamonds Direct USA Inc for $490 million in cash. The company said that this reflects approximately a 1.1x multiple on annualis...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has appointed Andreas Kull as chief risk officer, effective March 1. The company said Mr Kull will be responsible for overseeing SiriusPoint’s enterprise-wide risk management str...

Lloyd’s CEO John Neal described his visit to the island this week as very valuable and said that Mosaic Insurance helped make it all happen. (See related story.) Launched in February, Mosaic was founded with a wholly-owned Lloyd’s Syndicate, 1609, a...

As the new head of QBE Re, Bermuda, Tracey Gibbons’ goal is to make the company as diverse as possible. “I want to make QBE Re, Bermuda the place that people aspire to work at,” she said. QBE Re is expanding its Bermuda office to take advantage of ...

The former leader of the nation of Georgia told a Bermuda court yesterday that during the fall of the Soviet Union he had made a fortune so large that he became one of the world’s richest men. But he trusted Credit Suisse implicitly with a billion do...

Bermuda is just one of two credible insurance markets, according to the CEO of Lloyd’s of London, who completed two days of meetings with the Bermuda market and flew out of the island yesterday. Industry veteran John Neal met with the Bermuda Monetar...

Registration is open for an upcoming captive webinar organised by the Bermuda Business Development Agency in partnership with RIMS, the risk-management society. The free webinar Bermuda Captives – Turning Ideas into Reality kicks off tomorrow. It wil...